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  AAA: Michigan gas prices falling fast; down 15 cents in 10 days

DEARBORN, MI - Gas prices in Michigan are on a downward streak, declining for 10-consecutive days for a total of 15 cents.

Michigan’s statewide average was $2.88 per gallon on Sunday, about 12 cents less than last week’s average, 4 cents less than a month ago, and 35 cents more than this same time last year.

"Fuel prices plunged on the stock market last week, which should clear the way for a significant discount at the pump," said Nancy Cain, spokesperson, AAA - The Auto Club Group. "Motorists should see a 5-10 cent drop or more in the next 10 days. This is the type of downward movement we normally see at the pump during the fall. However, upward pressure could easily return later this month, as the market braces for U.S. sanctions against Iranian crude, and what that might mean for global supply and demand."

Metro Detroit’s average daily gas price has also decreased significantly. Metro Detroit’s current average of $2.90 per gallon, about 8 cents less than last week’s average and 3 cents less than last month. However, motorists are still paying about 44 cents more than this time last year.

Of the ten Michigan metro areas surveyed by AAA for self-serve unleaded fuel prices, the highest average price can be found in Marquette, where it’s $3.04 per gallon. The lowest average price can be found in Lansing-East Lansing, where it’s $2.80 per gallon.

Michigan ranks:

• 23rd in the nation for most expensive average daily gas price ($2.88)
• 2nd in the nation for biggest weekly change (12 cents)
• 36th in the nation for biggest monthly change (4 cents)

Find Local Gas Prices
• Daily national, state, and metro gas price averages can be found at Gasprices.aaa.com
• Motorists can find the lowest gas prices on their smartphone or tablet with the free AAA Mobile app. The app can also be used to map a route, find discounts, book a hotel and access AAA roadside assistance.





 

 

 

   
 

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